Investors look for buys as virus fears crush travel stocks
Bargain-hunting investors are eyeing the shares of airlines, hotels, cruise lines and other companies that have been among the worst-hit by the coronavirus outbreak.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
OPEC's pact with Russia falls apart, sending oil into tailspin
A three-year honeymoon between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of...
Traders bet U.S. Fed will slash interest rates in coming months
Futures traders are betting the Federal Reserve will slash U.S. interest rates in coming months to blunt damage to the world's largest economy, as governments and...
Rear-view mirror: U.S. hiring boomed in February but coronavirus risks job cuts in future
A Florida toymaker plans layoffs. A Wisconsin construction gear manufacturer has frozen hiring. And a California cosmetics company has idled some production, leaving 20 temporary workers...
JPMorgan CEO Dimon 'feels really good' after emergency surgery: source
JPMorgan Chase & Co Chief Executive and Chairman Jamie Dimon has spoken to senior colleagues and "feels really good" after undergoing heart surgery, a source familiar...
Morgan Stanley shifts staff to London Heathrow site to counter virus: sources
Morgan Stanley is shifting part of its London-based sales and trading staff to a secondary site near Heathrow airport to ensure its trading desks can operate...
U.S. House panel faults FAA review of Boeing 737 MAX, plane design failures
A U.S. House investigative report into two Boeing 737 MAX crashes that killed 346 people will fault the Federal Aviation Administration's (FAA) approval of the plane...
U.S. SEC proposes letting firms raise more via crowdfunding before needing to register
Reuters Katanga Johnson March 4, 2020 WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Wednesday announced proposals making it easier for firms to...
As the market falls, make sure you're not taking too much risk
Most of us understand that to amass enough savings to buy a first home, send a child to college or retire before 70, we have to...
Here's why a Roth IRA conversion can make sense in this down market
The recent stock market selloff has made a retirement strategy known as a Roth conversion less costly for many investors.
Investors flee Wall Street, seek shelter in bond and gold
U.S. stock markets tanked and the Dow Jones Industrials shed more than 800 points on Friday, as the global tally of coronavirus infections surpassed 100,000 and...
U.S. consumer finance regulator seeks to pay whistleblowers for tips
The head of the U.S. Consumer Financial Protection Bureau (CFPB) said on Friday that she is asking Congress to give the regulator power to pay whistleblowers...
Chipotle founder Steve Ells leaves board, CEO Niccol to add chairman role
Chipotle Mexican Grill said on Friday founder Steve Ells has stepped down from the board, handing over the role of executive chairman to Chief Executive Officer...
Exclusive: U.S. discussing non-renewal of Chevron's Venezuela waiver, moves to cut oil trade - sources
The U.S. government is preparing to impose new measures as soon as next week to stifle Venezuela's oil exports, including a move not to renew Chevron...
U.S. Fed to slash interest rates in coming months, traders bet
Traders are betting the Federal Reserve will deliver another, bigger reduction in borrowing costs at its mid-March policy meeting, as worries about the spread of the...